A report from Independent Commodity Intelligence Services found that there’s not enough post-consumer resin in the U.S. market to meet California’s mandates, and there are more state mandates coming on-line soon.
Post-consumer HDPE and PP prices have been hot lately, and they’re likely to stay that way given consistently strong demand and relatively slow supply increases, according to one market expert.
Chasing its sustainability goals, global PET producer Indorama is going to spend $8 billion over the next eight years to help scale up chemically recycled and bio-based plastics.
The Recycling Partnership will launch a PET Recycling Coalition to find solutions for common recycling challenges, a representative of the nonprofit group announced at last week’s Plastics Recycling Conference.
North America’s second-largest hauler and recycling processor is constructing a facility in Las Vegas that will produce recycled PET flake and provide a deeper sort of recovered olefins.